Walgreens Boots Alliance

Boots UK Sales Slump 29% As Pandemic Keeps Shoppers Away

British health and beauty retailer Boots said comparable retail sales fell 29.2% in its latest quarter as shopper numbers in stores were significantly redu...

Walgreens CEO Stefano Pessina To Step Down

Walgreens Boots Alliance Inc has announced that its chief executive officer Stefano Pessina has decided to step down from the position and will assume the...

Walgreens Swings To Loss On $2bn Impairment Charges At Boots UK

Walgreens Boots Alliance Inc swung to a third-quarter loss, hammered by impairment charges of $2 billion (€1.76 billion) as the coronavirus crisis too...

AmerisourceBergen Eyes Walgreens' Drug Distribution Business: Sources

AmerisourceBergen Corp, one of the largest US drug distributors, has approached Walgreens Boots Alliance Inc to explore a deal for its pharmaceutical whole...

Walgreens Boots Alliance Sees Steep Decline In US Same-Store Sales

Drugstore retailer Walgreens Boots Alliance Inc has reported a steep decline in US same-store sales in the last week of March as customers stayed indo...

Walgreens Expects 2020 Profit To Be Flat On Lower Reimbursements

Drugstore chain Walgreens Boots Alliance Inc has said that it does not expect adjusted earnings to grow in fiscal 2020 and warned that prescriptions it fil...

Walgreens Quarterly Profit Slumps On Charges Related To Cost-Cutting Plan

Drugstore chain Walgreens Boots Alliance Inc posted a 55.2% slump in quarterly profit on Monday, hurt by charges related to a cost-cutting plan announced e...

In Ken Murphy, Tesco Has Named A Shrewd Operator As Its New CEO: Analysis

When he was parachuted in to lead Tesco in 2014, chief executive Dave Lewis came with a 'no-nonsense' reputation – encapsulated in the epithet 'Drast...